Ethereum, the world’s second-largest cryptocurrency by market cap, is quickly approaching the key $4,000 threshold. According to CoinMarketCap, ETH has climbed 3.68% over the past 24 hours, now trading around $3,930. This level was last seen in mid-December, underscoring the strong recovery and bullish momentum of 2025. Year-to-date, ETH is up approximately 62%.
Ethereum rallies to $4,000 resistance. Source: TradingView . ETF Hype: Record Inflows Signal Robust Institutional Interest
Alongside Bitcoin, Ethereum continues to attract institutional capital. Between July 21 and July 25, net inflows into spot Ethereum ETFs totaled $1.85 billion—the second-largest weekly tally since the July 2024 debut of these products. Notably, this marks 16 consecutive days of positive inflows.
ETH ETF inflows surge for 16th day. Source: SoSoValue .Cumulative net inflows into ETH investment products now stand at $9.33 billion. The total assets under management for Ethereum ETF providers have surged past $20.66 billion, representing 4.64% of Ethereum’s market capitalization.
ETH ETFs now manage over $20B in assets. Source: SoSoValue .Corporate Treasury Demand Hits New Highs
Public companies are also ramping up their ETH holdings. The total amount of Ethereum held on corporate balance sheets has reached 2.32 million ETH (roughly $9.11 billion), equivalent to 1.92% of the total circulating supply.
Public companies amass record ETH reserves. Source: Strategic ETH Reserve. Bitmine Immersion Tech, associated with Fundstrat’s Tom Lee, has adopted the most aggressive accumulation strategy—now holding about 566,800 ETH valued at $2.23 billion, a staggering 247% increase in its “digital reserves” over the past 30 days.
SharpLink(@SharpLinkGaming) bought another 77,210 $ETH($295M) and currently holds 438,017 $ETH($1.69B).https://t.co/143CVq5E6U pic.twitter.com/Oa4dQ9XFGF
— Lookonchain (@lookonchain) July 28, 2025
SharpLink Gaming, backed by Ethereum co-founder Joseph Lubin, ranks second. On July 27, the firm acquired 77,210 ETH, boosting its reserves to 428,017 ETH (~$1.67 billion). The firm recently appointed former BlackRock executive Joseph Chalom as co-CEO.
Sentiment Warning: Social Media Euphoria Flags Correction Risk
Not all indicators are bullish. Santiment analysts warn of a potential correction, pointing to “extreme euphoria” in social media mentions of Ethereum—a classic sign that markets could be overheating.